Traders Weigh in on Nike, Accenture Earnings Expectations
Nike and Accenture are set to report their earnings on Thursday, October 1. While analysts have made predictions about the companies' performance, traders are weighing in with their expectations on Polymarket.
Nike has a success rate of 94.44% when it comes to beating or meeting earnings estimates, having done so in 17 out of its last 18 quarters. However, according to Polymarket, the athletic apparel brand only has a 69% chance of beating its estimated GAAP EPS of 45 cents.
Accenture, on the other hand, has beaten or met earnings estimates in 16 out of its last 18 quarters for a success rate of 88.89%. Polymarket gives the global consulting firm a 72% chance of beating its estimated GAAP EPS of $3.21.